Budgeting

Getting your finances under control involves knowing how much money you’re spending, being aware of what you’re spending it on and then making a budget for spending so you can be in charge of where your money goes. Being in control of your spending reduces stress and helps you plan for the future. These online resources can help you take charge of your money:

• Tracking your spending. There are dozens of Web sites to help you become aware of how you’re spending your money. A good place to start is with Tracking Your Spending, a helpful resource for keeping track of family expenses and controlling expenses.
• Making a family budget. Check out The Easy Way to a Family Budget, Our Family Budget, MoneyInstructor.com or Monthly Budget Plan Worksheet for help in creating a family budget.

Planning for the Future

Planning for the future means understanding and maintaining your credit and making a savings plan that helps you meet your long-term goals.

• Credit. SayGoodCredit.com includes a quick credit check-up, as well as strategies for establishing, maintaining and repairing your credit.
• Saving. Savings include any retirement or investment accounts you have through your employer or any personal, college or retirement savings you’ve put together on your own. Financial advisors suggest saving between 2% and 10% of your income. See 5 Ways To Plan for Your Financial Future, the Savings Calculator and MotleyFool.com for help in planning and saving for the future.